Equity markets slightly recovered this week, as geopolitical tensions abated. President Putin struck a conciliatory tone in a speech on Thursday, indicating that Russia will do all it can to end the conflict in Ukraine.
08/08/2014 Investors wary of geopolitical risks
Although the earnings season so far paints a rather positive picture, equity market sentiment further deteriorated this week. Investors remained in risk-off mode, as the conflict between the West and Russia entered the next phase, with the Putin administration responding to sanctions imposed by Western countries.
01/08/2014 Global weekly: More than enough
There was more than enough for the market to chew on this week. It was a banner week for data releases, the Fed policymakers met, new sanctions were imposed on Russia and Argentina defaulted on its sovereign debt.
25/07/2014 Global weekly: Markets move on
Equity markets were quick to shrug off the tragedy in eastern Ukraine and to return to business this week. As the earnings season gets underway, results so far in the US and Europe are solid.
11/07/2014 Global weekly: Rumbles in the eurozone
There were reminders this week that the eurozone recovery is not a straight path and that problems in the periphery will bubble up from time to time. Disappointing eurozone data and a scare from a Portuguese bank hurt market sentiment.